earnings
confidence high
sentiment positive
materiality 0.85
Gartner Q2 2021: Revenue $1.17B (+20%), adjusted EPS $2.24 (+87%), board adds $800M buyback
GARTNER INC
2021-Q2 EPS reported
$4.95
revenue$2,271,357,000
- Revenue $1.167B, up 20% YoY (15.9% FX neutral); net income $271M vs $55M.
- Diluted EPS $3.13 (vs $0.61); adjusted EPS $2.24 (vs $1.20); adjusted EBITDA $355M (+85%).
- Total contract value $3.8B, +10.7% YoY FX neutral; GTS CV $3.1B (+9%), GBS CV $0.8B (+18%).
- Repurchased 3.1M shares for $685M in Q2; board authorized additional $800M share repurchase.
- Elected Diana S. Ferguson to the board, effective July 29, 2021.